Issue: October 2010

INSIDE ISSUE

You may have heard the news about the Deepwater Horizon drilling rig, which caught fire, burned for two days, and then sank in 5,000 ft of water in the Gulf of Mexico. There are still 11 men missing, and they are not expected to be found

Discussion surrounding Egypt's supply and production of petroleum and natural gases has been heating up steadily over the past several years. As a vital yet decidedly limited market in the region, the petroleum sector faces some serious challenges, prompting a series of conferences, reforms and debates to be held by ministers, heads of state, and industry leaders.

"I believe that it is very much our solid experience and our wide global technical service offerings that has made these projects a great success," said Eng. Hisham El-Grawany, Country Manager and Managing Director of GL Noble Denton Egypt, commenting on the Burullus and Rashpetco Rosetta deepwater gas development projects.

"We have to stop exporting Gas instantly," replied an official petroleum source angrily when asked the late power cuts due to the shortage of gas supplies to the power stations, condemning the Israeli deal for this shortage!

Gazprom, the largest natural gas company in the world and the mainstay of the Russian economy, is in deep crisis. By Gazprom’s own estimates, it will not be able to reach the pre-crisis level until 2013. Based on a conditional assessment, for Gazprom to climb back to its former position, it needs to make sure that there is no alternate route for gas supplies to Europe. This, in essence, is the reason why Russia supported the United Nations Security Council sanctions on Iran

Anthropogenic CO2 emissions are among the most unwanted side effects of civilization. However, industrial solutions are at hand for capturing and sequestration of CO2. Drawing on hundreds of front-end engineering and design studies, Siemens analyzed three general scenarios to identify appropriate re-compression solutions